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Cable Update (GBPUSD)

  • #142,901
  • Jul 6, 2009 2:42am Jul 6, 2009 2:42am
wave analysis
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  • #142,902
  • Jul 6, 2009 2:47am Jul 6, 2009 2:47am
Quoting roreki
my account now is 225 % up
good afternoon everyone!

wow! great trade roreki! sugoi!

I just got back from a school play, so I missed the drop.
oh well hopefully we'll get a bounce so I can open a short.
  • #142,903
  • Jul 6, 2009 2:49am Jul 6, 2009 2:49am
Quoting Dillinger
good afternoon everyone!

wow! great trade roreki! sugoi!

I just got back from a school play, so I missed the drop.
oh well hopefully we'll get a bounce so I can open a short.
hey Dilli, how r u man
thnx and hope u get ur bounce to open the short
thnx again for the books really intresting
  • #142,904
  • Jul 6, 2009 2:59am Jul 6, 2009 2:59am
Quoting roreki
hey Dilli, how r u man
thnx and hope u get ur bounce to open the short
thnx again for the books really intresting

everything's good. thanks!

I'm happy you like the books.
  • #142,905
  • Jul 6, 2009 3:00am Jul 6, 2009 3:00am
Quoting Dillinger
everything's good. thanks!

I'm happy you like the books.
yeah i read some pages but not too much , i will read it all as i told u .. on the shore in front of the sea
  • #142,906
  • Jul 6, 2009 3:04am Jul 6, 2009 3:04am
Quoting roreki
yeah i read some pages but not too much , i will read it all as i told u .. on the shore in front of the sea

LOL I'm jealous! but that's the best way to do it. sipping pina coladas on a beautiful beach.... studying charts. That's my dream, to live by the beach and trade a couple of hours a day. It would be perfect.
  • #142,907
  • Jul 6, 2009 3:08am Jul 6, 2009 3:08am
Quoting Dillinger
LOL I'm jealous! but that's the best way to do it. sipping pina coladas on a beautiful beach.... studying charts.


i closed 50 % of my shorts @ 1.6119 and let 50 % for more down
  • #142,908
  • Jul 6, 2009 3:08am Jul 6, 2009 3:08am
[quote=Bull_Bear;2848358]Yeah mate, still have shorts on the table... holding from 1.6489, looking for 1.6200.

Bit of a struggle for me tonight as I'm feel'n a bit overly tipsy from a function I attended, don't how long I'll last tonight.


Quoting Bull_Bear
Alright I'm really struggling tonight....... Alcohol has taken its toll on me, I bid everyone happy trading and green pips.

1.6200 is all i have to say before signing off.

Later all
I should drink and trade more often..... +289 pips, still have 1 position left on the short side @ 1.6247.... SL = BE..... TP 1.6050
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #142,909
  • Jul 6, 2009 3:12am Jul 6, 2009 3:12am
This is why I see 1.6050.....
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #142,910
  • Jul 6, 2009 3:18am Jul 6, 2009 3:18am
Quoting roreki


i closed 50 % of my shorts @ 1.6119 and let 50 % for more down
  • #142,911
  • Jul 6, 2009 3:23am Jul 6, 2009 3:23am
For those waiting for a bounce to re-enter short side 1.6195 is where I have my re-entry to add.
Veni, Vidi, Vici (We came, we saw, we conquered)
  • #142,912
  • Jul 6, 2009 3:25am Jul 6, 2009 3:25am
I've had major bearish divergence for sometime now on the daily chart, which seems to be playing out now. If the daily divergence fully plays out, we should eventually fall to at least the last swing low, about 1.5800, the red dotted line. But a bounce from the day 50 ema is possible.
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  • #142,913
  • Jul 6, 2009 3:25am Jul 6, 2009 3:25am
MORNING ALLZ
  • #142,914
  • Jul 6, 2009 3:27am Jul 6, 2009 3:27am
Quoting roreki


i closed 50 % of my shorts @ 1.6119 and let 50 % for more down
BEWARE FOR REMAINING 50 %
  • #142,915
  • Jul 6, 2009 3:31am Jul 6, 2009 3:31am
Quoting Faryad
BEWARE FOR REMAINING 50 %
30% were closed @ 1.6100

it's only now one trade i hade left from 1.6423

and waiting for a re-enter from 1.6180/90
  • #142,916
  • Jul 6, 2009 3:37am Jul 6, 2009 3:37am
Opps, don't know what happened to my first chart but the trend line was out of line.

My Strategy = hold short from 1.6247 for TP 1.6050 or add if price bounces back to 1.6190/95..... SL = BE
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Veni, Vidi, Vici (We came, we saw, we conquered)
  • #142,917
  • Jul 6, 2009 3:38am Jul 6, 2009 3:38am
Overall weekly volume was much lower last week than in previous weeks. I know this is 'retrospective' but as I am new and trying to learn, I wondered whether this might have had any significance?

I'm enjoying this thread, and learning loads from you. Nice to have some light relief at times too!

Thanks and gratitude to you guys.

  • #142,918
  • Jul 6, 2009 3:48am Jul 6, 2009 3:48am
i will sleep 3 hours and come back

i let a sell order from 1.6180

see u guyz in N/Y

hope u all get green pips
  • #142,919
  • Jul 6, 2009 3:48am Jul 6, 2009 3:48am
Would be safe to go long next hour just for a quick profit as on hourly charts there seems to be a pin bar? After such a fall in first hours of session there should be a pull-back, shouldn't it?
  • #142,920
  • Jul 6, 2009 3:56am Jul 6, 2009 3:56am
Dive is over on my 15M TF, TP triggered at .6127, I'm out, my AC indicator is green from 1 hour but TP was never triggered until 15 minutes ago

@60 short-pips , too bad I was sleeping when this short occurred
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